Friends Of The Museums Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 250,727 | 246,768 | 3,959 | 7.0 | 64% |
| 2012 | 221,992 | 242,573 | −20,581 | 6.1 | 62% |
| 2013 | 277,785 | 260,027 | 17,758 | 6.4 | 60% |
| 2014 | 258,909 | 257,438 | 1,471 | 6.6 | 60% |
| 2015 | 267,220 | 246,747 | 20,473 | 7.8 | 65% |
| 2016 | 266,084 | 275,778 | −9,694 | 6.6 | 64% |
| 2017 | 324,063 | 272,864 | 51,199 | 9.0 | 62% |
| 2018 | 272,526 | 281,465 | −8,939 | 8.4 | 59% |
| 2019 | 325,744 | 302,794 | 22,950 | 8.8 | 55% |
| 2020 | 274,143 | 276,048 | −1,905 | 9.6 | 64% |
| 2021 | 300,372 | 292,286 | 8,086 | 9.9 | 65% |
| 2022 | 416,927 | 329,165 | 87,762 | 11.3 | 63% |
| 2023 | 512,349 | 388,145 | 124,204 | 13.4 | 57% |
| 2024 | 370,748 | 348,656 | 22,092 | 16.1 | 56% |
In its most recent public year (2024), this organization brought in $22,092 more than it spent. Its reserves stood at about 16.1 months of spending, up from 7 in 2011. Staff pay was 56% of spending. $68,302 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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